Q1 EPS Estimates for Bank of Hawaii Lowered by Analyst

Key Points

• Zacks Research lowered Bank of Hawaii’s Q1 2028 EPS estimate to $1.43 from $1.44; analysts expect full-year earnings of $5.91 per share.
• Analyst sentiment remains cautious, with two Buy ratings and six Holds, producing an average rating of “Hold” and a consensus price target of $85.
• Bank of Hawaii reported quarterly EPS of $1.47, narrowly beating estimates, and declared a $0.70 quarterly dividend—equivalent to a 3.7% yield and $2.80 annualized payout.

Bank of Hawaii Corporation (NYSE:BOH - Free Report) - Zacks Research reduced their Q1 2028 earnings per share estimates for Bank of Hawaii in a note issued to investors on Friday, August 28th. Zacks Research analyst Team now anticipates that the bank will post earnings per share of $1.43 for the quarter, down from their prior estimate of $1.44. The consensus estimate for Bank of Hawaii's current full-year earnings is $5.91 per share.

A number of other research firms have also weighed in on BOH. DA Davidson increased their price objective on Bank of Hawaii from $80.00 to $85.00 and gave the company a "neutral" rating in a research note on Tuesday, July 28th. Stephens lowered shares of Bank of Hawaii from an "overweight" rating to an "equal weight" rating and set a $85.00 price target on the stock. in a report on Thursday, August 6th. Weiss Ratings restated a "buy (b)" rating on shares of Bank of Hawaii in a research report on Friday, July 24th. Benchmark reiterated a "hold" rating on shares of Bank of Hawaii in a report on Tuesday, July 28th. Finally, Keefe, Bruyette & Woods cut their target price on Bank of Hawaii from $95.00 to $92.00 and set an "outperform" rating on the stock in a research note on Monday, August 3rd. Two investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $85.00.

Bank of Hawaii Price Performance

BOH opened at $75.98 on Tuesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.70 and a quick ratio of 0.70. The stock's 50 day simple moving average is $80.75 and its 200 day simple moving average is $78.26. The firm has a market cap of $3.00 billion, a price-to-earnings ratio of 14.18, a PEG ratio of 0.88 and a beta of 0.71. Bank of Hawaii has a 1 year low of $59.36 and a 1 year high of $86.31.

Bank of Hawaii (NYSE:BOH - Get Free Report) last released its quarterly earnings data on Monday, July 27th. The bank reported $1.47 EPS for the quarter, topping the consensus estimate of $1.46 by $0.01. The firm had revenue of $196.90 million for the quarter, compared to the consensus estimate of $199.51 million. Bank of Hawaii had a return on equity of 15.72% and a net margin of 21.84%.During the same quarter in the previous year, the business earned $1.06 earnings per share.

Institutional Investors Weigh In On Bank of Hawaii

Large investors have recently modified their holdings of the stock. BlackRock Inc. purchased a new position in shares of Bank of Hawaii during the second quarter valued at about $470,538,000. California State Teachers Retirement System lifted its holdings in Bank of Hawaii by 7,835.5% in the second quarter. California State Teachers Retirement System now owns 4,051,764 shares of the bank's stock worth $330,178,000 after buying an additional 4,000,705 shares during the period. Balyasny Asset Management L.P. lifted its holdings in Bank of Hawaii by 122.3% in the third quarter. Balyasny Asset Management L.P. now owns 1,012,560 shares of the bank's stock worth $66,464,000 after buying an additional 557,148 shares during the period. NFJ Investment Group LLC purchased a new stake in Bank of Hawaii in the second quarter worth about $39,758,000. Finally, Bank of New York Mellon Corp bought a new stake in Bank of Hawaii during the 2nd quarter valued at approximately $37,864,000. Institutional investors own 82.18% of the company's stock.

Insider Transactions at Bank of Hawaii

In other Bank of Hawaii news, insider Marco A. Abbruzzese sold 2,441 shares of the company's stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $81.59, for a total value of $199,161.19. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.97% of the company's stock.

Bank of Hawaii Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Monday, August 31st. Bank of Hawaii's payout ratio is presently 52.24%.

About Bank of Hawaii

Bank of Hawaii NYSE: BOH is a regional commercial bank headquartered in Honolulu, Hawaii, with roots tracing back to its founding in 1897 by Charles Montague Cooke and Peter Cushman Jones. As one of the oldest financial institutions in the U.S. West Coast region, the bank has built a reputation for stability and community focus. It operates as the principal subsidiary of Bank of Hawaii Corporation, a publicly traded company on the New York Stock Exchange.

The bank offers a comprehensive suite of personal and business banking products and services.

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